Amazon Announces Immediate Price Cuts to Whole Foods Products
‘Amazon is announcing that there will be an immediate price cut for products sold at Whole Foods Market starting Monday, the very day it closes its $13.7 billion acquisition of the supermarket chain, according to a press release.
“The two companies will together pursue the vision of making Whole Foods Market’s high-quality, natural and organic food affordable for everyone,” the release said. “As a down payment on that vision, Whole Foods Market will offer lower prices starting Monday on a selection of best-selling grocery staples across its stores, with more to come.”
Whole Foods has been known for high prices for years, and was even mocked by consumers, who named the store “Whole paycheck.”’
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